Situation

Netflix, a leading subscription$-$based streaming service, is exploring an exit process. Management needs to select an investment banker, and a Board Member recommend X bank. Netflix has asked X$\text{'}$s view to present our views on the entertainment streaming market and what Netflix should expect in terms of potential buyers and valuation.

In a well$-$formatted two$-$page PowerPoint presentation, please address the following:

Company Overview

$$ Provide an overview of the Netflix business model; what do they do$?$

Market & Competitive Positioning

$$ What are some of the current streaming market trends?

Assignment

$$ Who are their competitors, and how is Netflix positioned?

Relevant Acquisitions and Investments

$$ Identify relevant acquisitions $/$ investments in the space.

Buver Landscape

$$ Identify key potential buyers. Who would desire this asset, and why?

Valuation Consideration

$$ What methods would you use to value the business, and what are the key drivers of valuation?